...over the 3rd quarter (not year over year) to justify the run up in the last quarter. Think really hard guys. That will not happen and the price will adjust accordingly. My view, is that no amount of good news is going to hold this company above $300 next week. And by the way, the split thing was a 99 phenomenom that will not work this time. Its al built in already.
Any of you who really think that this valuation is possible to sustain will have their assess handed to them next week.
I expect I'll get the usual stuff back from you and that I will use to confirm my view that this week has done nothing to affect the idiocy in this market.
We go down big next week and Yhoo will be the catalyst.
not really sure what's going to happen next week, but pretty sure we can expect more volatility (either up or down) with ALL the stocks...great news if you are a market maker (aka work on wall street)...but not really sure what it means for the individual or institutional investor...almost seems as if the nasdaq drop stopped overnight (last night) and reversed itself today with a pretty strong bounce in all the (tech for one)stocks, such as cisco, lucent tech, etc., etc. Internet stocks looked mixed.....any comments from the gallery???....i'm still sitting on the sidelines, way too much volatility for me to handle (got to sleep at night, you know ;)
I promised someone higher up that I would quit buying and selling because I was losing my behind. I will just ride it out and it has worked for me so far. I try not to sweat the big swings. This stock will always come back up. If I buy, it goes down and if I sell, it goes up. so I just hold.
I promised someone higher up that I would quit buying and seling because I was losing my behind. I will just ride it out and it has worked for me so far. I try not to sweat the big swings. This stock will always come back up. If I buy it goes down and if I sell it goes up. so I just hold.